There are two main factors to consider regarding excess flow:
1) changes in meter factor: even PD meters will show some non-linearity
2) excessive wear: especially important with a non-lubricating fluid (what's good for throats is not necessarily good for meters).
Flow meters are often de-rated for non-lubricating fluids so take care if the meter was supplied for an alternative duty to the one you now intend to use it on.
Viscosity is another factor to consider.
Apart from its effect on slip flow (low viscosity fluids tend to produce more slip than high viscosity) high viscosity fluids often necessitate a different set of tolerances in the rotors than a low viscosity fluid. Changing the duty from low to high viscosity operation or visa versa needs checking with the manufacturers.
Variable viscosity fluids may require viscosity correction.
Nor should you neglect temperature when considering changing the meter duty. PD meters are calibrated for the intended operating conditions.
Pressure is more of a factor in single case meters than double case.
In a single case meter the pressure containment is provided by the flow measuring chamber and in double case meters the measuring chamber only sees the differential pressure across it. Pressure causes distortions of the pressure casing which can affect accuracy if this is a single case meter.
For fiscal applications you will see pressure (and for temperature) corrections required for two reasons:
(1)meter factor correction due to the distortion of the measuring chamber
(2) pressure effect on the fluid.
The significance of these effects is down to the application and the meter.
However, at your operating conditions pressure is probably not of any significance but you can easily refer all these questions to the manufacturer.
JMW